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Lychgate Lane, Burbage

East Midlands

£230,000
Listed on 15/09/2025

Property Details

Bedrooms
3
Type
Semi-detached house

Description

This traditional bay-fronted family residence presents an excellent opportunity for renovation in a desirable and accessible location. Ideally situated within walking distance to the village center, residents will have convenient access to local shops, schools, healthcare facilities, and public transport links, as well as the scenic countryside. The property is equipped with gas central heating and SUDG UPVC windows, providing a solid foundation for modern updates. Accommodation includes an entrance hallway leading to a lounge and dining room, along with a compact kitchen. The first floor features three bedrooms and a family bathroom. Outside, you'll find both front and enclosed rear gardens that can be transformed into inviting outdoor spaces. This home is perfect for those looking to invest in a property with significant potential for value enhancement through modernization.

Investment Analysis

(LE10 area)
Area Average
£279/sq ft
Avg Rent (weekly)
£237
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
56
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (LE10)

Area prices are rising by +2.7% over the last 12 months
3 year growth: 2.3%
5 year growth: 22.5%
Investment Disclaimer: Analysis based on LE10 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Lychgate Lane, Burbage
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£843
Based on a loan of £172,500 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE